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siSYSTEMS

Active Private limited companyfounded 2009active for 17 yearsZilverstraat 31-, 2900 SchotenKBO/BCE: BE 0809.024.441

Overview

Lifetime

13 annual accounts with figures on one time axis
peak €68,793 (2024)
-€74,814▼ €143,607
lowest -€80,091 (2025)
-€80,091▼ €113,734
peak €25,969 (2014)
-€54,592▼ €80,091
€70,602▼ 40.2%
Board1 name since 2009
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €68,793 to -€74,814Loss of €80,091Equity from €25,499 to -€54,592Debts from €118,063 to €70,602Cash from €51,173 to €4,208

Key points

from the 2025 annual accounts

Equity

-€54,592
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€80,091 -€80,091
€33,6002024-€80,1002025

From profit to loss in 2025, after a profit of €33,643 in 2024.

Debts

€70,602 441% of the balance sheet
Financial debts 7%Suppliers 8%Taxes and wages 6%Other 79%

Of this, €65,624 falls due within a year.

Liquidity

0.11 was 1.18 in 2024

Short-term debts fell from €108,864 to €65,624.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2022 accounts came latest: 31 days after the end of the period.

Position in the sector

-341.0%

Lower solvency than 95% of companies in computing infrastructure and information services. Sector median 54.9% · 2,408 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as siSYSTEMS has now. Each dot stands for 18 companies, two years later.

85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for siSYSTEMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 01-01-2009
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0809024441
Appointment: (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 29-12-2023 · Gazette deed
Incorporation published on 21-01-2009 · Gazette deed
First establishment Zilverstraat 31, Schoten
All 23 events

Comparable companies

same main activity, similar in size and age
Company
siSYSTEMS Schoten €16,009 -€74,814 -341.0% -
Camelina Zoersel €10,108 -€493 -135.1% -
ELIS Antwerp €24,855 -€746 58.8% -
DOMUS Zoersel €25,572 -€26,539 48.9% -
TRAITEURS AAN HUIS Rumst €36,525 -€1,163 8.8% -
STUDY EXPERIENCE Ixelles €19,032 -€2,256 16.7% -
BTW-Advies Bert Nijsten Consulting Holsbeek €28,991 -€7,208 98.6% -

These companies have the same main activity as siSYSTEMS: other information service activities (NACE 63920). They are comparable in size and age: total assets between €10,100 and €36,500, founded between 1998 and 2015.

Official details

Source: KBO
Status
Active since 12-01-2009Normal situation
Activity
Other information service activitiesNACE 63920and 4 others
Establishment unit
2.285.858.3492900 Schoten, since 12-01-2009
Financial year end
31 December
Peppol
Reachable since 28-12-2025
Company details

Annual accounts 2025

-€74,814
€80,091
-€54,592
€16,009▼ 88.8%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on siSYSTEMS

siSYSTEMS files the micro format. That format states no turnover. The gross margin fell from -€172 in 2013 to -€74,814 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 22-07-2026, 9 days before the deadline
-€74,814
▼ €143,607
-€79,724
▼ €113,337
-€80,091
▼ €113,734
-€58,345
▼ €78,069
-341.0%
▼ 358.8 percentage points
0.11
▼ 1.07

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €16,009 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-341.0%

Lower than 95% of 2,408 companies in 2025.

0.11

Lower than 95% of 2,296 companies in 2025.

-500.3%

Lower than 95% of 2,331 companies in 2025.

siSYSTEMS Middle half of the sector 80% of the sector Micro accounts in computing infrastructure and information services (NACE 63)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 16,009143,561178,18145,13343,80159,58625,30420,76222,60216,14129,97226,52026,416
21/28 8,73014,97312,29317,39925,68232,5132,835-1,1572,3132,0343,7174,142
22/27 8,7309,62312,29317,39925,68232,5132,835-1,1572,3132,0343,7174,142
23 3,6814,8983,7851,5982,5872,1262,835-5041,0072,0343,7174,142
24 1,8991,2168,50915,80223,09530,388--6531,306---
26 3,1503,510-----------
28 05,350-----------
29/58 7,279128,588165,88727,73418,11927,07322,46920,76221,44513,82827,93822,80322,274
40/41 2,94577,0949,1469,5793,0181,7006,4865,2072,0146,3626,26121,59821,502
40 59971,6107,9517,8351,6644465,3053,5051,0665,9496,261295-
41 2,3475,4841,1951,7451,3541,2541,1811,702948413-21,30321,502
54/58 4,20851,173156,4645,3182,27912,38110,8672,39119,4317,46621,6771,205772
490/1 12632027712,83612,82212,9925,11613,164-----
Balance sheet: equity and liabilities
10/49 16,009143,561178,18145,13343,80159,58625,30420,76222,60216,14129,97226,52026,416
10/15 -54,59225,499-8,144-38,227-34,221-1,7176,2462,2417,48910,51421,53125,96921,489
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860-
130/1 --1,8601,8601,8601,860-------
130 ------1,8601,8601,8601,8601,8601,860-
1311 --1,8601,8601,8601,860-------
133 1,8601,860-----------
14 -75,0525,039-28,604-58,687-54,681-22,177-14,214-18,219-12,971-9,9461,0715,5092,889
16 ----21,184--------
160/5 ----21,184--------
164/5 ----21,184--------
17/49 70,602118,063186,32583,36056,83961,30319,05818,52115,1135,6278,4415514,927
17 4,9789,19913,37917,51621,61325,669-------
170/4 4,9789,19913,37917,51621,61325,669-------
42/48 65,624108,864172,94665,84335,22635,63419,05818,52115,1135,6278,4415514,927
42 4,2214,1794,1384,0974,0564,015-------
43 012-----------
439 012-----------
44 5,65779,014130,11114,01713,85912,1445,42518,52115,1134,6422,469551-
440/4 5,65779,014130,11114,01713,85912,1445,42518,52115,1134,6422,469551-
45 4,0013,9673,3447116279205--527106--
450/3 4,0013,9673,3447116279205--527106--
47/48 51,74421,69235,35447,65817,14919,39613,428--4585,866-4,927
Income statement
9900 -74,81468,79340,0612,104-1,986-1225,349-3,471-1,259-8,873-2,9524,553-172
62 0557-----------
630 2,9428,4188,7128,2828,2366,7867091,1571,1571,6801,6831,6831,599
631/4 1,56821,474-----------
635/8 ----21,18421,184--------
640/8 40091686899276974768861761462762624690
66A 03,816-17,684---------
9901 -79,72433,61230,481-3,670-32,174-7,6563,953-5,245-3,030-11,179-5,2612,624-1,861
75/76B 04,2650---14289532118731,8851,023
75 04,2650---14289532118731,8851,023
65/66B 367374399335330307909246484929-
65 367374399335330307909246484929-
9903 -80,09137,50430,082-4,006-32,504-7,9634,005-5,248-3,023-11,016-4,4374,480-838
67/77 03,8600-----211--
9904 -80,09133,64330,082-4,006-32,504-7,9634,005-5,248-3,025-11,017-4,4384,480-838
9905 -80,09133,64330,082-4,006-32,504-7,9634,005-5,248-3,025-11,017-4,4384,480-838
Appropriation of the result
9906 -75,0525,039-28,604-58,687-54,681-22,177-14,214-18,219-12,971-9,9461,0717,3692,889
14P 5,039-28,604-58,687-54,681-22,177--------
691/2 -----------1,860-
6920 -----------1,860-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 22-07-2026 2026-00317153 PDF
31-12-2024 micro format 29-08-2025 2025-00437240 PDF
31-12-2023 micro format 28-08-2024 2024-00413628 PDF
31-12-2022 micro format 31-08-2023 2023-00432338 PDF
31-12-2021 micro format 30-08-2022 2022-20391496 PDF
31-12-2020 micro format 30-08-2021 2021-56900551 PDF
31-12-2019 micro format 03-07-2020 2020-25700054 PDF
31-12-2018 micro format 29-08-2019 2019-54900280 PDF
31-12-2017 micro format 24-08-2018 2018-49500081 PDF
31-12-2016 micro format 10-07-2017 2017-29100237 PDF
31-12-2015 abbreviated format 13-07-2016 2016-30700247 PDF
31-12-2014 abbreviated format 17-08-2015 2015-42700198 PDF
31-12-2013 abbreviated format 27-08-2014 2014-49700034 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
-76,78342,03039,1934,612-23,938-8694,661-4,088-1,873-9,500-3,5784,307-262
-77,14942,06138,7944,277-24,269-1,1774,713-4,091-1,868-9,337-2,7556,163761
2,04911,0983,60601,40436,4653,543001,95901,259-
-46,966-105,291151,1463,039-10,1011,5138,477-17,04011,965-14,21120,472433-
-58,34519,725-7,059-38,110-17,107-8,5623,4112,2416,3328,20119,49722,25217,347
-341.0%17.8%-4.6%-84.7%-78.1%-2.9%24.7%10.8%33.1%65.1%71.8%97.9%81.3%
0.111.180.960.420.510.761.181.121.422.463.3141.384.52
-4.63----3.058.262.020.540.390.020.23
-131.9%----64.1%-234.2%-40.4%-104.8%-20.6%17.3%-3.9%
-500.3%23.4%16.9%-8.9%-74.2%-13.4%15.8%-25.3%-13.4%-68.3%-14.8%16.9%-3.2%
-209.34over 10098.2213.75-72.49--------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,049€5,748€3,606-€1,404
Financial fixed assets€0€5,350---
€2,942€8,418€8,712€8,282€8,236

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on siSYSTEMS

The operating result for 2025 is a loss of €79,724, after a profit of €33,612 in 2024. It is the lowest result since 2013.

Equity is negative. Debt (€70,602) exceeds the balance-sheet total (€16,009).

Board & ownership

Board

1 director, last change in 2024
Director
since 01-01-2009
listed in the 2025 annual accounts, filed on 22-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Board
Mandates as a list
    • Director, from 01-01-2009 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 23-05-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Met of zonder beperking van duur,indien benoemd in statuten hoedanigheid statutair bestuurder mogelijk, algemene vergadering die…”
“Ten kosteloze titel,tenzij algemene vergadering anders beslist”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00

Network & group

No group

siSYSTEMS has no parent and no holdings in its annual accounts. is the only director. siSYSTEMS shares no director with another company.

Timeline

Timeline

23 events since 2009

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Weakest financial year net -€80,091 The net result drops to -€80,091, the lowest from 2013 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809024441
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Highest result from 2013 to 2025 net €33,643 ▲11.8% The operating result of €33,612 and the net result of €33,643 are both a record.
Annual accounts 2023 filed PDFmicro format · 28 days late
Appointment: (director)Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 29-12-20233 points ▸
  • Director appointment,
  • General meeting, 29-12-2023
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2023
Back to profit net €30,082 The net result is €30,082, after 3 loss-making years.
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Annual accounts 2021 filed PDFmicro format · 30 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Annual accounts 2019 filed PDFmicro format · 28 days before the deadline
2019
Back to profit net €4,005 The net result is €4,005, after 4 loss-making years.
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Annual accounts 2017 filed PDFmicro format · 24 days late
2017
Annual accounts 2016 filed PDFmicro format · 21 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 18 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 17 days late
2014
Back to profit net €4,480 The net result is €4,480, after one loss-making year.
Liquidity more than 9 times current ratio 41.38 The current ratio rises from 4.52 to 41.38. Short-term debt falls from €4,927 to €551.
Annual accounts 2013 filed PDFabbreviated format · 27 days late
2009
Incorporation PDFpublished on 21-01-2009
First establishment Zilverstraat 31, Schoten

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 12 January 2009, siSYSTEMS was incorporated.1 Total assets went from €20,762 in 2018 to €16,009 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0809.024.441
VAT number
BE 0809.024.441
Peppol ID
0208:0809024441
Other Peppol ID
9925:BE0809024441
Legal form
Private limited company
Status
Active, normal situation
Founded
12-01-2009
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 23-05-2024 (in Dutch)
Peppol
Reachable since 28-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
siSYSTEMS in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-05-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 23-05-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
63990 Computing infrastructure, data processing, hosting and other information service activities main activity
70220 Business consulting
79110 Travel agency, tour operator and other reservation service and related activities
82300 Organisation of conventions and trade shows
93199 Other sports activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“De uitbating van drankgelegenheden, verbruikssalons en tavernes, feestzalen, ontspanningscentra en alle inrichtingen behorende tot of…”
20 activities
  1. De uitbating van drankgelegenheden, verbruikssalons en tavernes, feestzalen, ontspanningscentra en alle inrichtingen behorende tot of aansluitend bij de horecasector en de ontspanningswereld
  2. Het inrichten van vertoningen, tentoonstelllingen, sport en culturele manifestaties
  3. Verhuring van feestzalen en andere ruimtes
  4. Verhuring van divers materiaal
  5. Handel in foto en filmapparatuur en in andere optische artikelen
  6. Detailhandel in fotografische en optische artikelen en in precisieinstrumenten in gespecialiseerde winkels
  7. Reproductie van opgenomen media
  8. Maken van foto’s voor bedrijven en particulieren
  9. Maken van videoreportages over huwelijken
  10. Overige fotografische activiteiten
  11. Verschaffen van advies en informatie over reizen
  12. Organiseren van reizen en excursies, regelen van reizen op maat, onderdak en vervoer van reizigers en toeristen
  13. Verkoop aan de hand van brochures en catalogi van door touroperators georganiseerde reizen
  14. Toeristische informatiedienst
  15. Organisatoren die gespecialiseerd zijn in een bepaalde vakantieformule en daarin diverse bestemmingen aanbieden
  16. Overige reserveringsactiviteiten
  17. Online verkopen
  18. Verkoop van textiel
  19. Webdesign
  20. Verkoop van wanden en vloeren voor voertuigen
deed of 23-05-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Zilverstraat 31 registered office 2900 Schoten 12-01-2009 2.285.858.349

Buildings and parcels at the address

Ground area
1,931 m²
Buildings
256 m²
Volume, LiDAR
1,600 m³
Tallest building
9.5 m
Buildings to scale, each on its own parcel
256 m², 9.5 m 256 m², 9.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11040D0190/00F0031,931 m² 1 · 256 m² 9.5 m · 2